Citadel Intelligence Corporation
How we got $1.9M
Based on 63 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 22 years (since 2004)
- Founder still runs it after 22 years
From public records and the company's website, not a statement that it's for sale.
What they do
Citadel Intelligence is a full service security company offering armed and unarmed guards, special event security, security consulting and robbery response training for clients across Oklahoma and the U.S.
From the company's website. Industry: Security services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 0 mi · $1.95B
- Aaon, Inc. · Tulsa, 2 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 10 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 42 mi · $615.2M
- KELVION INC. · Catoosa, 15 mi · $614.3M
- Gateway First Bank · Jenks, 9 mi · $169.1M
- TTCU Federal Credit Union · Tulsa, 10 mi · $133.1M
- Regent Bank · Tulsa, 7 mi · $131.8M
- Mabrey Bank · Bixby, 15 mi · $114.5M
- Blue Sky Bank · Pawhuska, 40 mi · $88.9M
Estimated value over time
▲ 25% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 97% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 63 | $2.7M |
| 2023 | Form 5500 | 2 | $87K |
| 2024 | Form 5500 | 2 | $87K |
| 2025 | Form 5500 | 2 | $87K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CITADEL INTELLIGENCE CORPORATION this business | $4.8M | — |
| DIAMOND SECURITY & INVESTIGATIVE SERVICES LLC Tulsa · 80 employees | $5.7M | 0.0 mi |
| Watchman Cctv Tulsa | $1.4M | 0.0 mi |
| Secure Yeti Tulsa | $1.4M | 0.1 mi |
| PRAETORIA GROUP Tulsa · 56 employees | $3.6M | 0.2 mi |
| Black Widow Spider Security Intelligence LLC Tulsa | $1.4M | 0.5 mi |
| Tulsa Security Task Force Tulsa | $5.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Industry revenue per employee | $43K |
| Revenue = employees × revenue per employee | $4.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $511K |
| Cross-check: revenue implied by PPP payroll | $878K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $919K – $2.8M |
| Revenue range | $2.8M – $5.6M |
| EBITDA range | $302K – $604K |
| Industry (NAICS) | Security Guards and Patrol Services (561612) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Founded in 2004 by retired Tulsa Police Officer Greg Douglass, Citadel Intelligence Corporation emerged in the wake of the September 11, 2001, tragedy, a pivotal moment that reshaped global security priorities.”
Leadership
- NANathan AlessiDirector of Operations, Oklahoma · Company website · source
- IOImen OthmaneDirector of Business Development · Company website · source
- DDDennis DorseyDirector of Special Operations · Company website · source
Advisors
- BankingRCB BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $73K | 63 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Citadel Intelligence Corporation
Citadel Intelligence Corporation is a security services company in Tulsa, Oklahoma, in business since 2004. It is owned by Greg Douglass (President). Its estimated annual revenue is about $4.8M, with roughly $511K of EBITDA. It has about 2 employees. Its estimated business value is $1.9M (likely range $919K–$2.8M).
Common questions
- Who owns Citadel Intelligence Corporation?
- Citadel Intelligence Corporation is owned by Greg Douglass (President), according to public sources such as the company's website or filings.
- How much revenue does Citadel Intelligence Corporation make?
- SeeBITDA estimates Citadel Intelligence Corporation's annual revenue at about $4.8M (likely between $2.8M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Citadel Intelligence Corporation worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $511K, typical for a security services company its size. Likely range: $919K–$2.8M.
- How many employees does Citadel Intelligence Corporation have?
- About 2, from its 2025 retirement-plan filing.
- When was Citadel Intelligence Corporation founded?
- Citadel Intelligence Corporation has been in business since 2004.